2016 1/50 oz Gold Somalian Elephant Coins (BU)

Volume PricingCurrent Spot Price: $1,318.91

There are numerous options for investors looking to add a Gold Somalian Elephant coin to their portfolio. If the 1 oz coin is out of your price range or preference, the series has numerous fractional-weight coins available to those with interest in smaller coins. The 2016 1/50 oz Gold Somalian Elephant Coin is available now on Silver.com.

Coin Highlights:

Ships to you in a protective plastic capsule.

13th African Elephant design in the series.

Consists of 1/50th Troy ounce of .9999 fine gold in BU condition.

Issued a face value of 20 Somalia Shillings.

Obverse features the all-new elephant design for 2016.

Reverse includes the Somali coat of arms.

Gold Elephant coins in the Somalian Elephant series are available with the greatest variety of options in both bullion and proof. These coins have long been available in 1 oz and 1 Kilo sizes, as well as fractional weight and gram coins. The 1/50 oz Gold Somalian Elephant is the smallest of the fractional-weights, and equal in face value to the ½ Gram coin.

On the obverse of the 2016 1/50 oz Gold Somalian Elephant Coin in this listing is the image of an African elephant on the Savannahs of Africa. The design includes engravings of “African Wildlife,” “Elephant,” and “1/50 oz Au 9999.” This year’s release includes a large bull elephant at the banks of a lake, with its trunk raised and tall grass featured in the foreground.

The reverse of the Gold Elephant coins always features the image of the nation’s coat of arms. A heraldic shield bears a single star in the center, with horizontal lines in the background. Leopards are placed on either side to hold it up, and a pair of spears cross below. Engravings on this side include “Somali Republic,” “2016,” and “20 Shillings.”

All 2016 1/50 oz Gold Somalian Elephant Coins in this listing are in BU condition. Coins in this condition show no signs of wear and tear. However, you may notice minor flaws such as breaks in the luster, spotted surfaces, or contact marks from striking during the production process.

Gold Somalian Elephant coins are sought after in anticipation for gold’s continued historic value, which you can monitor minute by minute via our active charts that show current gold prices.

The Bavarian State Mint of Germany is the production facility for these coins. Founded in 1158, it has been part of the nation’s rich silver minting history for more than 800 years. Today, it is part of the national minting system in Germany and is owned by the Free State of Bavaria, where it is headquartered in Munich.

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